Rupee slumps 9 paise to close at an all-time low of 90.41 against U.S. dollar
Image used for representational purpuse only. | Photo Credit: Reuters The rupee depreciated by 9…
MCX, NSE remove additional margin on gold, silver
MCX, the country’s largest commodity derivatives exchange and the largest stock exchange NSE, have removed the additional margin levied on gold and silver futures contract with the prices cooling off in the last few weeks. The additional margin of 3 per cent levied in Gold Futures (all contracts of all variants) and 7 per cent…
RBI defers introducing Unique Transaction ID for OTC derivatives
Reserve Bank of India. File Picture | Photo Credit: Reuters Reserve Bank of India (RBI) has deferred the implementation of Unique Transaction Identifier (UTI) for all over-the-counter (OTC) derivatives to obtain a comprehensive view of the market to January 2027, the banking regulator said in a statement. “At present, all transactions in OTC markets for…
India US trade deal: decision on agreed 18% U.S. tariffs expected within ‘3–4 days’, sources say
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S.. File | Photo Credit: Reuters U.S. President Donald Trump can reduce tariffs on imports from India to 18% from the current 25% without the need of a fresh…
Rupee vs USD: Rupee rises 5 paise to close at 90.67 against U.S. dollar
Image for representative purposes only. File | Photo Credit: Reuters The rupee rose 5 paise to close at 90.67 (provisional) against the U.S. dollar on Wednesday (February 18, 2026) driven by inflow of foreign funds and positive domestic equity markets. However, higher global crude oil prices and a strengthening greenback capped sharp gains in the…
Stock markets close higher, how did your assets perform today?
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday (February 18, 2026), driven by last-hour buying in bank, metal, and FMCG shares. The 30-share BSE Sensex jumped 283.29 points, or 0.34%, to settle at 83,734.25 in a volatile trade. During the day, it touched an intraday high of…
Gold price today: From atoms to empires: What makes gold so precious?
FILE – 1 Ounce Fine Gold Coins are displayed in the safe deposit boxes room at the Pro Aurum gold house in Munich, Germany. | Photo Credit: AP Gold (Aurum or Au) is a chemical element on the periodic table, and a metal known for its bright yellow colour and shine. A natural occurrence in…
Rupee rises 5 paise to 90.67 against U.S. dollar in early trade
Image for representational purposes only. The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.10% higher at 97.24. | Photo Credit: Getty Images/iStockphoto The rupee rose 5 paise to 90.67 against the U.S. dollar on Wednesday (February 18, 2026) on the back of a drop in global crude…
Stock markets open lower amid weakness in IT, Services shares
Image for representative purposes only. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty began the trade on a negative territory on Wednesday (February 18, 2026), tracking losses in IT and Services stocks in a volatile session. After a bearish start, the 30-share BSE Sensex further declined 247.92 points, or 0.30%, to 83,203.04….
Can India overtake Bangladesh in textile exports to the European Union?
India’s textile sector has been steadily losing ground in global export markets. In contrast, Bangladesh has woven together a remarkable export success. Given the recently signed India-EU Free Trade Agreement (FTA), and with Bangladesh poised to lose its Least Developed Country (LDC) status, this is an opportune moment for India’s textile industry. Within the textile…
Gold steadies after 2 day drop in thin lunar new year trading
Gold was little changed after a two-day decline, with many Asian markets offline for the Lunar New Year holiday. Bullion was near $4,880 an ounce in early trading, having lost more than 3 per cent over the previous two sessions, when the US dollar strengthened. Trading has been unusually choppy since a historic rout at…
